Long Term Care Policy Fine Print

The “fine print” in Long-Term care insurance or the interpretation of ambiguous language may allow an insurance company to deny your benefits.

Remember, the insurance company will pay for certain expenses if you meet the terms set out in the policy. Unfortunately, the “fine print” in these policies can be very technical and difficult to understand. Many policies contain:

  • Waiting periods before you are eligible for coverage
  • Limitations on what types of services are covered
  • Licensure of the facility
  • Specific claim and appeals processes
  • Strict filing deadlines

Unfortunately, even one mistake can cause a denial of Long-Term care coverage.